G03, Taraf 2 Residence
Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G03, Taraf 2 Residence
What is G03 worth today?
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Source: Dubai Land Department. Updated 15 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 997 sqft
- Floor
- Ground of 5
- Parking
- G-04
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 950K · January 2023
- Building
- Taraf 2 Residence
About G03, Taraf 2 Residence
G03 is a one-bedroom apartment of 997 sqft on the ground floor of Taraf 2 Residence, a 5-storey tower in Jumeirah Village Triangle (JVT) completed in 2023 by Taraf Properties DMCC. The developer sold it on 9 January 2023 for AED 950,000, or AED 953 per sqft, in line with the AED 957 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 June 2024, is AED 85,000 a year: a gross yield of 8.9% on the 2023 price.
Sales and rents for G03 over time
G03 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Taraf 2 Residence, and where G03 sits
All 70 1-beds →G03 last sold in January 2023 at AED 953 per sqft, in line with what one-beds in Taraf 2 Residence were fetching at the time (AED 957). Over the last 12 months one-beds sold for AED 1,000,000 to 1,500,000, around AED 1,137 per sqft, and rent for AED 73,000 to 125,000 a year. G03's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,054 sqft | 1,330,000 | 1,261 | ||
| 27 Oct 202627 October 2026 | 928 sqft | 1,000,000 | 1,077 | ||
| 7 Oct 20267 October 2026 | 984 sqft | 1,300,000 | 1,321 | ||
| 22 Jul 202622 July 2026 | 1,098 sqft | 1,100,000 | 1,001 |
Taraf 2 Residence
Building94 apartments, studios to 2-bed over 5 floors in Jumeirah Village Triangle (JVT), completed in 2023 by Taraf Properties DMCC. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,116
- Typical sale
- AED 1.33M
- Typical rent
- AED 87K /yr
- Typical yield
- 7.3%
Other units on the ground floor
All 94 units in Taraf 2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,608 sqft | AED 2.1MAED 2,100,000 · Sep 2024September 2024 | ||
| G02 | 1-bed | 1,098 sqft | AED 1.1MAED 1,100,000 · Jul 2026July 2026 | 75,000 /yr | |
| G04 | 1-bed | 1,388 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | 82,500 /yr | |
| G05 | 1-bed | 1,285 sqft | AED 1.48MAED 1,480,000 · Apr 2026April 2026 | 85,000 /yr | |
| G06 | 1-bed | 1,240 sqft | AED 1.05MAED 1,045,000 · May 2023May 2023 | ||
| G07 | 1-bed | 1,197 sqft | AED 1.07MAED 1,070,000 · Jul 2023July 2023 | ||
| G08 | 1-bed | 1,073 sqft | AED 1.02MAED 1,015,000 · May 2023May 2023 |
G03, Taraf 2 Residence in numbers
- Sold once: by Taraf Properties DMCC on 9 January 2023 for AED 950,000, or AED 953 per sqft.
- Rented since April 2023 on 2 Ejari contracts, from AED 75,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 8.9%.
- One-beds in Taraf 2 Residence sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,116 per sqft.
Source: Dubai Land Department. Updated 15 June 2024.
Questions about G03, Taraf 2 Residence
What did unit G03 last sell for?
AED 950,000 on 9 January 2023, sold by the developer: AED 953 per sqft for 997 sqft. It is the only registered sale of the unit.
What is the rent for unit G03?
AED 85,000 a year on the contract signed on 15 June 2024. The previous contract, from April 2023, was AED 75,000.
How big is unit G03?
997 sqft (92.6 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower completed in 2023.
What is unit G03 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Taraf 2 Residence sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,137 per sqft.
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Mortgage on G03, Taraf 2 Residence
Starts from the last sale price (AED 950K, 9 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →